/Industry News

Toledo Real Estate Market Report – FEBRUARY 2017

February sales of single-family homes in Lucas and Northern Wood County reported by the Toledo Regional Association of REALTORS® totaled 378. This was an increase of 10% compared to February of 2016. Sales volume generated by February activity totaled $50 million, which was up 13% from 2016. The median sales price was $106,500 (up 3% compared to February 2016), and the average sales price was $126,849 (an increase of 3% compared to last February). 607 listings were added to the system in February, which was down –12% from last February’s 691. Inventory of single-family listings showed 2,309 available at month’s end which represented a supply of 6months which is down –25% from February of 2016.

For your reference we have attached a copy of the February 2017 report below. Enjoy!

download-pdf

By | 2017-11-20T17:26:13+00:00 March 22nd, 2017|Industry News|Comments Off on Toledo Real Estate Market Report – FEBRUARY 2017

New Hotel to Open in Downtown Toledo

toledo-hotel

 

NEW HOTEL OPENING IN MAY 2017

Combining luxury & style, Renaissance Toledo Downtown Hotel.

The Renaissance Toledo Downtown Hotel will be opening as a chic hotel in the heart of downtown Toledo with sweeping views of the Maumee River from the rooftop bar. The interior design of the hotel is inspired from the local glass culture and will feature a trendy three meal restaurant and the Renaissance signature “R” Lounge on the main floor. Ideally situated along the Maumee River, two blocks from Toledo’s main convention center and connected to nearby buildings through an underground Pedway, including the tourist favorite Imagination Station Science Museum, the 12-story hotel will feature 240 modern guest rooms and 18,000 sq. ft. of flexible meeting space that includes three boardrooms, five breakout rooms, and a divisible 10,800 sq. ft. grand ballroom. Discovery awaits you at the Renaissance Toledo Downtown Hotel.

Source Marriott.com

By | 2017-01-03T21:25:52+00:00 January 3rd, 2017|Industry News, Info Articles|Comments Off on New Hotel to Open in Downtown Toledo

Toledo Real Estate Market Report 2015

Good news for #Toledo real estate #investors! The number of homes sold in Lucas and Upper Wood County increased by 6% in 2015. A total of 5,620 homes were sold, up from 5,312 in 2014. (Table 7). The median price of homes sold increased by 12% to $110,000. Home sales were strongest in the $100,000—$199,999 price range. The greatest increase in number of homes sold, however, came in the $500,000+ price range.

For your reference we have attached a copy of the 2015 report below. Enjoy!

download-pdf

2015yearendreport

By | 2017-11-20T17:26:22+00:00 March 3rd, 2016|Industry News|Comments Off on Toledo Real Estate Market Report 2015

New Foreclosed Homes in Ohio: A Buying Opportunity Waiting to Happen

People who have been house hunting in Ohio, or considering to invest in turnkey rentals and other such ventures, may be leaning towards buying foreclosed houses. A check of the listings of foreclosed homes in Ohio can produce some good finds, given the current conditions in the State of Ohio. Writing for the Columbus Dispatch, Mark Williams reports that new opportunities for closing a deal on a foreclosed home are fast appearing this year. (more…)

By | 2017-11-20T17:26:33+00:00 April 16th, 2015|Industry News|Comments Off on New Foreclosed Homes in Ohio: A Buying Opportunity Waiting to Happen

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